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Arch Capital Group beat forecasts and finished the year strongly with net income of $203.5 million, or $1.46 per share, for the fourth quarter. That compares to a profit of $63.4 million for the same period in 2016. While it suffered pre-tax catastro...

Constantine “Dinos” Iordanou has been named Insurance Leader of the Year by St John’s University’s School of Risk Management. The chairman and chief executive officer of Bermudian-based insurer and reinsurer Arch Capital Group, will receive the honou...

Jerome Halgan has been appointed chief executive officer of Arch Reinsurance Ltd in Bermuda as part of a management shake-up by parent company Arch Capital Group. Mr Halgan has been promoted from within and will move from his current role as CEO of A...

Constantine “Dinos” Iordanou, a veteran of the Bermuda insurance market, has been named as Insurance Leader of the Year 2017 by St John’s University’s School of Risk Management. The chairman and chief executive officer of Arch Capital will be honoure...

Arch Capital Group Ltd has revealed that its second-quarter profit will take a $38 million hit from reinsurance losses. The news prompted Arch shares to fall more than 2 per cent in early trading on the Nasdaq Stock Exchange and follows filings that ...

Arch Capital Group made a profit of $62.4 million, or 50 cents per common share, in the fourth quarter. That improved on the $53.1 million it reported for the same period of 2015. The company’s after-tax operating income was $141.5 million, or $1.13 ...

Arch Capital Group Ltd’s chairman yesterday rang the opening bell at the Nasdaq Stock Exchange in New York. Dinos Iordanou, who is also the Bermudian re/insurer’s chief executive officer, sounded the bell to resume trading at the exchange while surro...

Arch Capital Group’s $3.4 billion acquisition of United Guaranty Group has been approved by the North Carolina Department of Insurance. It was announced in August that the Bermudian-based company would buy the mortgage unit from American Internationa...

Arch Capital Group Ltd bettered the forecast of Wall Street analysts, as it posted $247.4 million of net income for the third quarter. The Bermuda insurer and reinsurer’s profit represented an annualised return on average common equity of 15.3 per ce...

In the wake of Arch Capital Group Ltd agreeing to acquire United Guaranty Corporation from AIG, one of the major rating services has revised its outlook for the group from stable to negative. It is a cautionary move by S&P Global Ratings, which has a...

NEW YORK (Bloomberg) — Like an archer at the Olympics, Arch Capital has landed its target: AIG’s mortgage insurance business. The Bermudian-based insurer said late on Monday that it would buy United Guaranty for $3.4 billion in cash and stock. The de...

NEW YORK (Bloomberg) — American International Group is in talks to sell its mortgage insurer, United Guaranty Corp, to Arch Capital Group as chief executive officer Peter Hancock works to simplify his company and free up capital to return to sharehol...